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Earning a coin or two
Wendz
#1 Posted : Thursday, December 08, 2011 9:24:22 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Good people of Wazua, i need to tap on your experiences and knowledge.

What activities do you give your children to help them learn to "earn" their money? More specifically 8-10 years of age?
QW25081985
#2 Posted : Thursday, December 08, 2011 9:27:06 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Wendz wrote:
Good people of Wazua, i need to tap on your experiences and knowledge.

What activities do you give your children to help them learn to "earn" their money? More specifically 8-10 years of age?



wapeleke kona mbaya ...art of muggin 101 ! lol.
carygoh
#3 Posted : Thursday, December 08, 2011 9:36:51 AM
Rank: Elder

Joined: 5/4/2008
Posts: 1,703
Wendz wrote:
Good people of Wazua, i need to tap on your experiences and knowledge.

What activities do you give your children to help them learn to "earn" their money? More specifically 8-10 years of age?


they should wash their socks.
wash their plate and cup
their room should be neat and bed well spread

the above akuna malipo
Kutengeneza mezani ksh kaburuu
Think Positive Test Negative
Burning Spear
#4 Posted : Thursday, December 08, 2011 9:45:36 AM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
carygoh wrote:
Wendz wrote:
Good people of Wazua, i need to tap on your experiences and knowledge.

What activities do you give your children to help them learn to "earn" their money? More specifically 8-10 years of age?


they should wash their socks.
wash their plate and cup
their room should be neat and bed well spread

the above akuna malipo
Kutengeneza mezani ksh kaburuu


Dont pay them for doing what they are supposed to do.Infact if they refuse,discipline them.
When we were young,about 35 years ago,we did all the work and were beaten every evening coz our parents said we were doing it in a hurry to go and play.
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
Wendz
#5 Posted : Thursday, December 08, 2011 10:56:43 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Burning Spear wrote:
carygoh wrote:
Wendz wrote:
Good people of Wazua, i need to tap on your experiences and knowledge.

What activities do you give your children to help them learn to "earn" their money? More specifically 8-10 years of age?


they should wash their socks.
wash their plate and cup
their room should be neat and bed well spread

the above akuna malipo
Kutengeneza mezani ksh kaburuu


Dont pay them for doing what they are supposed to do.Infact if they refuse,discipline them.
When we were young,about 35 years ago,we did all the work and were beaten every evening coz our parents said we were doing it in a hurry to go and play.



@QW let me know which class yours is, i'll ask the administration there to put him in the same class Think

@Cary & BS You are very right.... I also dont intend to reward his responsibilities.... but then again isn't it in order to get them learn the value of hardwork and that hard work pays?

I was thinking of something like washing the car (not that i expect car-wash standard) but they could earn some money from that because i would still pay someone to do it. Was also thinking of paying say 10 bob for open the gate when i get home in the evening... i ordinarily do it myself and i don't like it much.... i wouldn't mind paying for that little help. But i do need variety otherwise he'll get bored within no time.
bkismat
#6 Posted : Thursday, December 08, 2011 10:59:52 AM
Rank: Elder

Joined: 10/23/2009
Posts: 2,375
Why and when was @QW usered?
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
carygoh
#7 Posted : Thursday, December 08, 2011 10:59:56 AM
Rank: Elder

Joined: 5/4/2008
Posts: 1,703
Wendz wrote:
Burning Spear wrote:
carygoh wrote:
Wendz wrote:
Good people of Wazua, i need to tap on your experiences and knowledge.

What activities do you give your children to help them learn to "earn" their money? More specifically 8-10 years of age?


they should wash their socks.
wash their plate and cup
their room should be neat and bed well spread

the above akuna malipo
Kutengeneza mezani ksh kaburuu


Dont pay them for doing what they are supposed to do.Infact if they refuse,discipline them.
When we were young,about 35 years ago,we did all the work and were beaten every evening coz our parents said we were doing it in a hurry to go and play.



@QW let me know which class yours is, i'll ask the administration there to put him in the same class Think

@Cary & BS You are very right.... I also dont intend to reward his responsibilities.... but then again isn't it in order to get them learn the value of hardwork and that hard work pays?

I was thinking of something like washing the car (not that i expect car-wash standard) but they could earn some money from that because i would still pay someone to do it. Was also thinking of paying say 10 bob for open the gate when i get home in the evening... i ordinarily do it myself and i don't like it much.... i wouldn't mind paying for that little help. But i do need variety otherwise he'll get bored within no time.


oh and i forgot to ask .are you giving him the money literally? get him/her piggy bank
Think Positive Test Negative
carygoh
#8 Posted : Thursday, December 08, 2011 11:02:42 AM
Rank: Elder

Joined: 5/4/2008
Posts: 1,703
bkismat wrote:
Why and when was @QW usered?



on that note am not commenting on airport and planes again
Think Positive Test Negative
bwenyenye
#9 Posted : Thursday, December 08, 2011 11:19:22 AM
Rank: Elder

Joined: 5/24/2007
Posts: 1,805
Burning Spear wrote:
carygoh wrote:
Wendz wrote:
Good people of Wazua, i need to tap on your experiences and knowledge.

What activities do you give your children to help them learn to "earn" their money? More specifically 8-10 years of age?


they should wash their socks.
wash their plate and cup
their room should be neat and bed well spread

the above akuna malipo
Kutengeneza mezani ksh kaburuu


Dont pay them for doing what they are supposed to do.Infact if they refuse,discipline them.
When we were young,about 35 years ago,we did all the work and were beaten every evening coz our parents said we were doing it in a hurry to go and play.


No one should be paid for doing house work. (and that includes kufungua gate) . I imagine you really want them to learn how money works not necessarily them earning money. I am thinking in the lines of teaching them how to split incomes into saving,spending, how investing grows money etc. A game like Monopoly would do well then gradually introduce them to the simple cashflow game. (Someone was selling it here sometime back).

But the greatest effect will be tagging them along to your investment meetings and those many plots you have bought and explaining to them why you did it. Even tell them the mistakes. You will be shocked how much they learn when they ask you deep questions three months on. Never underestimate the value of apprenticeship. Look at the Asians, the second to third generation are now the wealthiest men having learnt from going to the father's business after school and sitting at the till.
I Think Therefore I Am
Wendz
#10 Posted : Thursday, December 08, 2011 11:28:24 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
carygoh wrote:


oh and i forgot to ask .are you giving him the money literally? get him/her piggy bank


he has one. he wants to save "to buy shares"... to use his own words. He initiated the discussion on what he can do to earn money.
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